China Alert – Passported funds bank on familiarity
- AUM, Distribution, HSBC, MRF, offshore, Tianhong, Tiantian, Value Partners
Passported funds bank on familiarity
- Inflows into mutual recognition products remained concentrated in 2H19.
- However, faster approvals and new distribution strategies introduce new competitive dimensions.
- Domestic market swings are likely to create pockets of demand for offshore exposure.
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